Home Depot Technical Analysis

HD -- USA Stock  

USD 174.87  4.71  0.03%

As of 20 of January Home Depot retains Risk Adjusted Performance of (0.046201) and Market Risk Adjusted Performance of (0.05). Home Depot technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Home Depot which can be compared to its competitors. Please check out Home Depot Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Home Depot is priced fairly providing market reflects its last-minute price of 174.87 per share. Given that The Home Depot has Jensen Alpha of (0.005169), we strongly advise you confirm Home Depot regular market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Home Depot Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of twenty-four. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Home Depot volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Home Depot Trend Analysis

Use this graph to draw trend lines for The Home Depot. You can use it to identify possible trend reversals for Home Depot as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Home Depot price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Home Depot Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Home Depot applied against its price change over selected period. The best fit line has a slop of 0.08 % which suggests that The Home Depot will keep on generating value for investors. It has 78 observation points and a regression sum of squares at 61.2, which is the sum of squared deviations for the predicted Home Depot price change compared to its average price change.

Current Sentiment - HD

Home Depot Investor Sentiment

Nearly all of Macroaxis users are currently bullish on The Home Depot. What is your judgment towards investing in The Home Depot? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Home Depot Market Strength

Home Depot January 20, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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